The Ukrainian Metal

Ukraine: ZZhRK ore output down in 2016

In 2016 Zaporozhye Iron Ore Complex produced 4512.2 thousand tons of ore, down by 4.03% YoY, or by 189.3 thousand tons.

According to the company statement, in 2016 it shipped 4494.5 thousand tons of iron ore raw materials.

Investment project in 2017 will reach 800 million UAH.

In 2015 ZZhRK received 232.085 million UAH of net profits, up 4.9 times, or by 897 million UAH, having decreased its net income by 13.5% YoY, or by 335.198 million UAH, to 2.275 billion UAH. (Ukrainian metal)

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